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The Raymond and Bessie Kravis Foundation
New York, NY · EIN 731393621 · Form 990PF · FY2024 · Medium ($1M-$10M)
revenue
$5.0M
expenses
$308K
net assets
$45.3M
employees
—
profile · synthesized from sources

The Raymond and Bessie Kravis Foundation is a private foundation based in New York that makes grants to support education, the arts, and community development. It primarily funds nonprofit organizations across the United States, with a focus on educational access programs and cultural institutions. The foundation has consistently awarded multi-million dollar grants annually to select beneficiaries.

named programs · 2 · from sources

What they call their work

Arts and Culture Support
Grants to performing arts centers and cultural institutions such as the Raymond F. Kravis Center for the Performing Arts, Tulsa Symphony Orchestra, and Gilcrease Museum
Educational Access Grants
Provides multi-year general support funding to organizations that increase educational opportunities for underserved students, including Sponsors for Educational Opportunity and SHIFT Education
activities · 4 groups

What they do

  • Art Museum Funding and Support 1 activity
    • Funding general support grants to arts and cultural institutions
      Funds general support grants to arts and cultural organizations, including the Raymond F Kravis Center for the Performing Arts, the Gilcrease Museum, the Tulsa Symphony Orchestra, and the Tulsa Foundation for Architecture.
  • General Operating Support Grants 1 activity
    • Funding general support grants to education innovation organizations
      Funds general support grants to organizations focused on education innovation, including Shift Education.
  • University-Specific Endowment and Program Funding 1 activity
    • Funding general support grants to educational organizations
      Funds general support grants to educational institutions and programs, including Sponsors for Educational Opportunity and The University of Tulsa.
  • Private K–12 School Support 1 activity
    • Funding general support grants to public education systems
      Funds general support grants to public school systems, including Tulsa Public Schools.
financials · form 990PF · fy2024
revenue
Total revenue$4.97M
Contributions & grants$118K2%
Program service revenue——
Investment income$2.20M44%
Other revenue$2.43M
expenses
Total expenses$308K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$116K
Grants paid out$4.72M
balance sheet
Total assets$45.27M
Cash—
Investments—
Liabilities—
Net assets$45.27M
3 years on record · 2021–2024 · YoY revenue -43.0%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
KIMBERLY R KRAVIS TRUSTEE 1 $71K
ROBERT S KRAVIS TRUSTEE 1 $45K
board members · 2
  • HENRY R KRAVIS — TRUSTEE
  • MARIE-JOSEE KRAVIS — TRUSTEE
relationships · 8

Who they work with

  • GILCREASE MUSEUM Partner — Receives general support grants from the foundation.
  • RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS Partner — Receives general support grants from the foundation.
  • SHIFT EDUCATION Partner — Receives general support grants from the foundation.
  • SPONSORS FOR EDUCATIONAL OPPORTUNITY Partner — Receives general support grants from the foundation.
  • THE UNIVERSITY OF TULSA Partner — Receives general support grants from the foundation.
  • TULSA FOUNDATION FOR ARCHITECTURE Partner — Receives general support grants from the foundation.
  • TULSA PUBLIC SCHOOLS Partner — Receives general support grants from the foundation.
  • TULSA SYMPHONY ORCHESTRA Partner — Receives general support grants from the foundation.